According to an official, photos taken by high-altitude U-2 planes confirmed the presence of the equipment, and the balloon was made by a company linked to the Chinese military.
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether on Thursday said it generated $700 million of profit in the December quarter, which the firm has used to boost its reserves.
NTSB finds no evidence Tesla Autopilot used in fatal 2021 Texas crash
The NTSB found no evidence Tesla’s driver assistance system, which is marketed as Tesla Autopilot, was in use at the time of the crash.
As record rocket launches crowd airspace, the FAA fights to limit travel disruptions
Space companies are launching more rockets than ever, ratcheting up competition for air space just as travelers return to flying in droves.
Wall Street’s frozen IPO market is thawing as companies take advantage of stock rally
Wall Street’s so-called IPO window, allowing companies to readily tap investors for new stock, has been mostly shut for the past year.
Everything is on the table now with Hulu, Disney CEO Iger says
Bob Iger said that “everything is on the table” as Disney considers whether to buy the rest of Hulu from Comcast.
GitLab to cut 7% of workforce, or about 130 employees, sending shares down
GitLab will lay off around 130 employees, or 7% of headcount, with CEO Sid Sijbrandij citing a commitment to “responsible growth.”
Watch live: Senate Foreign Affairs Committee holds a hearing on U.S.-China policy and competition
Third Point’s Dan Loeb makes a number of changes to his portfolio, including adding an insurer
The hedge fund manager said he initiated a position in insurance company AIG in the fourth quarter, according to an investor letter obtained by CNBC.
EU ‘disappointed’ in Twitter report on how the company fights disinformation
Twitter’s report was “short of data, with no information on commitments to empower the fact-checking community,” a European press release said.